1225 Wheeler Avenue, Hoquiam, WA 98550

Listing Broker: Spivey Realty Group, LLC; Kevin Spivey; 360-589-1785; kevin@spiveyrealtygroup.com

$265,000
3,004
SqFt

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List Price
$265,000
Status
ACTIVE
MLS#
2579456
Subtype
Residential Income
Style
53 - Tri-plex
Year Built
1911
Living Area
3,004
Lot Size
4,356
Acres
0.10
Subdivision
Hoquiam
Neighborhood
Hoquiam
MLS Area Major
Hoquiam

Property Description

Rare opportunity to own a fully occupied three-unit property with strong existing rental income! The property includes a 4 bedroom, 2 bathroom single-family residence and a separate duplex with two 2 bedroom, 1 bathroom units. The main residence offers approximately 1,575 sq ft and currently rents for $1,535/month. The duplex includes a lower and upper unit, each approximately 715 sq ft, currently renting for $1,100 and $1,095/month. Gross rents total approximately $3,730/month, with the single-family tenant paying their own utilities. Some upgrades have already been completed with additional opportunity for future improvements. A great opportunity for an investor looking for an income-producing property with three established units.

Additional Information

Exterior Features
Wood
Property Description
53 - Tri-plex
Flooring
Hardwood, Vinyl, Carpet
Heating
Baseboard, Wall Furnace
Air Conditioning
None
Roof
Composition
School District
Hoquiam
View
Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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